USDCAD Long, Awaiting Further Setups

Last week’s shorts on GJ and AN did fall as expected but not as far as we would have liked. They have since reversed and headed north so it’s time to look at other opportunities.

USDCAD – Long

UC is still very much on the list. Price hasn’t come back yet and the level looks solid so keep it on the watchlist.

2015-08-02 UC Long D1

For the majority of the other forex pairs that I watch, price is pretty much in between levels, or not really showing much signs of opportunity. I’ve not detailed them all here in this post but I have addressed them in the video below. So be sure to have a look at that.

Video

Detailed Analysis

Members can login to the forum for the detailed analysis which looks at the lower time frame levels we are watching to confirm entries. The detailed video analysis is here. We also analyse the markets for short term trades throughout the week. If you do not have access to this premium content then you can find out how to sign up here.

2 Comments

  1. True on August 3, 2015 at 08:57

    Do you have a daily webniar? Do you look for levels on lower time frames like 4hr or 1?

    Thanks,
    True

    • Joe Wright on August 5, 2015 at 21:43

      Hi True. No there’s no daily webinar but I do post levels to watch as and when they appear and that includes H1 30m or sometimes the H4. It just depends on where the opportunity is.

      Joe

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